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North Myrtle Beach, SC – Planning on buying property in the next couple of months? If that answer is a yes then the next couple of months will be your best opportunity to buy. To view current properties located on the Grand Strand CLICK HERE!

Lowest Housing Prices in Years! It would be nice to know when we’ve absolutely hit a market bottom but nobody has a crystal ball. We have to look at the facts at hand and make the best decisions for today. We know that pricing is at their lows and indications are pressing for prices to uptick soon. So buying now or in the very near future would be a great move. Foreclosures and Short-sales have created an abundance of buying opportunities for the buyer. Like a list of foreclosed properties in the Myrtle Beach area? CLICK HERE

Interest Rates At Record Lows! In May 2011, 30 yr fixed rates fell to 4.63%. With fixed rates like these, buyers need to take advantage of this current buyers housing market.

Interest Rates Expected To Climb. As our economy continues to gain momentum, interest rates will increase, making that mortgage more expensive and possibly pricing you out of some great opportunities. 1/2 % may not seem like a lot but depending on your loan amount, this change in percent can mean a hundred more on that mortgage payment. For more info on mortgage rates visit BankRate.com

ARMS(adjustable rate mortgages) at Record Lows For those buyers whom are certain they can meet their payment requirements, adjustable rate mortgages may be the best route. There are possible risks associated with ARM’S and you should educate yourself with how these mortgages work. You can do this at the Federal Reserves website HERE

Low Down Payment Mortgages Available FHA (Federal Housing Administration) Low down payment financing thats insured through FHA loans is yet another inducement for buyers to purchase today. Down payment requirements through this program change daily and may increase when this market heats up. This is a great options for those of you working with less cash.

Easier to Qualify & Borrow Lending standards have eased recently. Buyers should become pre-approved through their desired lending institution. What this means is that the lender guarantees lending contingent on an appraisal.More good news for the buyer seeking pre-approval is that lenders are willing to let buyers take on more debt than previous formulas would allow. For more information on Cost Effective Mortgages please visit HERE

Lenders Are Offering No Fee Mortgages Lending institutions and many banks are waiving origination and point fees. This can amount in huge savings on your loan!

Home Builder Incentives With foreclosures beating down prices of the existing home market, builders are having to step up their efforts to compete. Incentives can include things such as cash for furniture,appliances and closing costs.

Bottom Line – No question the buyers have the upper hand today but that’s today. We don’t know what tomorrow will bring so if your in the market to buy, put your best foot forward now! With the continual growth on the Grand Strand, that affordable coastal lifestyle is only a click away. Visit HERE to view properties all over the Grand Strand Now!

North Myrtle Beach,SC – Below you will find the Market Report for Avista Ocean Resort, located Oceanfront in the Ocean Drive area of North Myrtle Beach. Avista offers some of the best amenities on the beach.

Indoor / Outdoor Water Parks

Exclusive Indoor Corridors

Lounge / Bar

Fitness Center

Restaurant – Conference Facilities and much more!

To view current listing located at Avista Resort and other Oceanfront properties located on the Grand Strand CLICK HERE!

For May 2011

Active Listings (26)

High

Low

Average

Median

List Price

$439,900

$123,500

$252,568

$245,950

Pendings (1)

High

Low

Average

Median

List Price

$110,000

$110,000

$110,000

$110,000

Sold (2) Through 05/01/2011 – 05/31/2011

High

Low

Average

Median

List Price

$269,900

$139,999

$204,949

$204,949

Sold Price

$279,000

$125,000

$202,000

$202,000

Unit #826 1Bd / 1Ba closed on 05/12/2011 for $125,000

Unit#1509 3Bd / 3Ba closed on 05/19/2011 for $279,000

High

Low

Average

Days on Market

155

20

87

Would you like to see a market update or report for a particular property located in the Myrtle Beach / Grand Strand Area? Leave your comments and I will be more than willing to accommodate your requests. Getting that coastal lifestyle you deserve is now more affordable than ever. Take advantage of this buyers market and call the beach home today! View Listings HERE

Myrtle Beach,SC – Coastal Carolina’s Center for Tourism expects an increase in occupancy when compared to last year. That increase is expected to be between three and five percent. This numbers might not be astonishing but the Grand Strand has nearly 110,000 rooms to rent meaning thousands of additional visitors. The Myrtle Beach Chamber of Commerce has taken a few steps to influence these numbers including the tourism tax. It goes to show in this current economy that a little can go a long way.

Are you staying on the Grand Strand this Memorial weekend? If so, here are some events taking place here in the Myrtle Beach area

Can’t make the parade in person? You’re in luck! This year’s parade can be watched online. Catch it HERE!

60th annual Sun Fun Festival Kick Off

American Idol Season 7 runner-up David Archuleta will perform at 8 p.m.

Plus Military appreciation activities, vendors, displays and much more!

Have you noticed something new here on the Grand Strand since your last visit here? We continue to grow in all areas of our beaches. From Cherry Grove to Georgetown. We’re continuing are building improvements, road infrastructure, attractions, Grand Strand Properties and so much more to improve your Myrtle Beach Vacation!

Want that Coastal Lifestyle? Now is the time! Take advantage of this buyers market. Owning a piece of the Grand Strand has never been so affordable. View Grand Strand Properties HERE and see for yourself!

Myrtle Beach, SC – April’s data from the Carolina Association of Realtors showed an increase in home sales along the Grand Strand. Homes showed a 2.6% up-tick from 2010. Condo sales improved as well showing a 3.1% up-tick from April 2010 and 2.6% overall, year to date. Great news is that the market has been cleaned up pretty well. 17% of the market today contains distressed properties. Also keep in mind, last year people were taking advatage of the tax credits so even though these numbers aren’t jumping off the screen per say, their not BAD numbers.

Of course good news comes along with some bad news depending on what side of the numbers your on. Median sales price for condos here on the Grand Strand are at $103,000. The median price for Single Family Homes fell slightly to $165,000. These declines have been the cause of distressed sales. When looking at the market without those implications, homes have remained quite consistent around $189,000.

Given the sales facts, now is the time to buy Grand Strand Properties. The beach lifestyle has never been so affordable especially if your looking for some Oceanfront condos here in the Myrtle Beach – Cherry Grove areas. Like I mentioned earlier, median sales for condos are at $103,000, an historic low. Buyers need to take advatage of these conditions. Its only a matter of time before these sales figures continue their up-ticks. View some Oceanfront condos HERE and see whats right for the picking!

Grand Strand, Myrtle Beach SC Need help finding some North Myrtle Beach Real Estate Listings? Below I have provided Grand Strand Properties that have just hit the market. MLS numbers have been provided for your reference. If you like more info on these properties or others located here in the Myrtle Beach area, Visit Here

4537 Southland, Longs SC $60,000 (mls#1108623) This is a short sale

4265 Rivergate Lane, Little River SC $139,900 (mls#1108610) Rivergate is a 48 + Neighborhood with exterior and building maintenance taken care of with your HOA fees.

One of the greatest events that take place here on the Grand Strand is finally here! Starting Saturday, May 14th thru Sunday the 15th. The Blue Crab Festival is celebrating its 30 years so don’t miss out on this awesome street festival in Little River, South Carolina. What you can expect from this years festival:

For a list of locations offering tickets at a discount, please visit HERE

Living the coastal lifestyle has never been so affordable. This current buyers market is presenting opportunities everywhere on the Grand Strand. If your interested in taking that step to make the beach your home or even a second home, Now is the time! Grand Strand Real Estate at your fingertips are just a click away! Visit us HERE today and start living that Coastal Lifestyle you deserve.

The Grand Strand will have its newest hotel, The Aqua Beach Inn, open to the public Thursday May 12th. This boutique styled hotel is conveniently located across from Pier 14 Fishing Pier, Boardwalk,shopping,dining and one of Myrtle Beach’s new attractions, The SkyWheel. This Grand Strand Properties addition is perfect for those who would like to be right in the middle of it all and be able to walk to almost everything!

Rooms

The Aqua Beach Inn boasts 60 rooms on its 11 story structure. These rooms are beach contemporary styled rooms offering amazing unobstructed views with balconies. Few of the features are a full-sized kitchen,granite counter-tops,Armstrong cabinets,porcelain tiles and much more. Standard rooms will offer you comfort with its two queen beds and also offer king sized beds as well. Another point to add : The Aqua Beach Inn is a NON-SMOKING Hotel.

Ribbon cutting ceremony and opening celebration will commence on Wednesday May 11th from 4:30 to 7:00p.m. Food will be provided and prizes will be given away as well!

Grand Strand Properties continue to grow! Interested in the Grand Strand Area? North Myrtle Beach Real Estate as well as Cherry Grove Real Estate are continuing to make their mark here on the Strand as well. If you’re looking for that investment or second home here at the beach, we can make your dream a reality! Visit Us HERE for more details and start living the Coastal Lifestyle!